CRN coronado global resources inc.

Ann: Stanwell Transaction, page-132

  1. Cwz
    103 Posts.
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    Spot 5500 NAR is around us $60. After adjusting for energy and net back of logistics Curragh would get around US$50 for their domestic thermal product.

    With production costs of around US$100 per tonne any Stanwell deal does not favour Curragh.

    lets not forget that the coal will come from Curragh North from the area that Curragh also has to pay a further US$150M for. You need to go back a couple of years to read the announcement on that deal.

    Stanwell are the winners.

 
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